BillionDollarBreaks Archive - Page 15 of 19

ThursdayNov 10, 2022 11:36 am

BillionDollarBreaks – Tingo Inc. (TMNA) Announces Launch of Operations in Ghana, Entry into Landmark Trade Deal with the Kingdom of Ashanti

Tingo (OTC: TMNA) today announced that Tingo Mobile PLC (“Tingo Mobile”) has opened a head office in Accra, Ghana, and has launched nationwide operations. According to the update, Tingo Mobile’s business in Ghana is held through a wholly owned subsidiary, Tingo Mobile Ghana Ltd (“Tingo Ghana”). To coincide with the launch, Tingo Ghana has agreed on a landmark trade deal with the Kingdom of Ashanti, through the Ashanti Kingdom Investment Trust. Under the terms, the Ashanti Kingdom Investment Trust has committed to enroll a minimum of 2 million new members with Tingo within 120 days of signing and has agreed…

WednesdayNov 09, 2022 2:08 pm

BillionDollarBreaks – Tingo Inc. (TMNA) Announces Filing of Definitive Information Statement to Merge with MICT

Tingo (OTC: TMNA), a leading agri-fintech business in Africa, has filed a Definitive Information Statement with the U.S. Securities and Exchange Commission (“SEC”). The statement outlines the completion of the merger between Tingo Mobile PLC, a wholly owned Tingo subsidiary, with MICT Inc., a NASDAQ-traded financial technology company; the merger should be complete by the end of this month. Once the merger is finalized, MICT will issue Tingo shares of its common stock equal to 19.9% of MICT’s outstanding shares along with Series A and Series B convertible preferred stock. According to the announcement, MICT does plan to seek both shareholder…

WednesdayNov 09, 2022 12:45 pm

BillionDollarBreaks – Marathon Digital Holdings Inc. (NASDAQ: MARA) Announces Q3 2022 Results

Marathon Digital Holdings (NASDAQ: MARA) has reported its financial and operational results for the quarter ended Sept. 30, 2022. “The third quarter of 2022 was a transition and rebuilding period at Marathon, during which we fully exited the Hardin facility in Montana and began energizing servers at new locations, most notably the 280-megawatt data center that resides behind the meter at the King Mountain wind farm in McCamey, Texas,” said Fred Thiel, Marathon’s chairman and CEO. “We sequentially improved our bitcoin production each month during the quarter as we rebuilt our hash rate from approximately 0.7 exahashes per second in…

MondayNov 07, 2022 12:10 pm

BillionDollarBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Announces Q3-2022 Results, Continued Strengthening of Leading Position in Uranium, Rare Earth Elements

Energy Fuels (NYSE American: UUUU) (TSX: EFR) announced its financial results for the quarter ended Sept. 30, 2022. Among the highlights, the company reported a robust balance sheet with $122.3 million of working capital as of Sept. 30, 2022, including $77.1 million of cash and cash equivalents, $11.6 million of marketable securities, $27.3 million of inventory, and no short-term (or long-term) debt. The company’s product inventory has a value of $44.1 million at current commodity prices. “Energy Fuels continues to strengthen our U.S. market leading position in uranium and rare earth elements, which are both critical to the clean energy…

FridayNov 04, 2022 12:27 pm

BillionDollarBreaks – Canaan Inc. (NASDAQ: CAN) Announces Plans to Release Q3 2022 Financial Report

Canaan (NASDAQ: CAN), a leading high-performance computing solutions provider, will release its financial results for its Q3, the period September 30, 2022, on Nov. 14, 2022, before the U.S. market opens. In addition, the company announced that it will host a conference call that morning to discuss the earnings report; the call is slated to begin at 7 a.m. ET. Those interested can register for the event and will receive information, including dial-in numbers and an access PIN, to call in. Members of Canaan’s leadership team will facilitate the event, which will also include a Q&A session. In addition, a…

ThursdayOct 27, 2022 1:38 pm

BillionDollarBreaks – Marathon Digital Holdings Inc. (NASDAQ: MARA) Schedules Q3 2022 Financial Results Call

Marathon Digital Holdings (NASDAQ: MARA), a leader in supporting and securing the Bitcoin ecosystem, will hold a webcast and conference call on Tuesday, Nov. 8, 2022, at 4:30 p.m. Eastern Time to discuss its financial results for the third quarter ended Sept. 30, 2022. According to the announcement, financial results will be published in a press release prior to the call and available on the investor relations section of the company’s website. Interested parties should visit https://ibn.fm/yWENh to register to participate in the conference call or listen to the live audio webcast. In addition, the webcast will be broadcast live…

FridayOct 21, 2022 12:08 pm

BillionDollarBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Now Available in AWS Marketplace

D-Wave Quantum Inc. (NYSE: QBTS), a leader in quantum computing systems, software and services, and the only quantum computing company building both annealing and gate-model quantum computers, has launched in AWS Marketplace. The first and only pure-play quantum computing company with offerings available in AWS Marketplace, D-Wave’s offerings will include the Leap(TM) quantum cloud service, which offers real-time access to D-Wave’s state-of-the-art quantum computers as well as a quantum-classical hybrid solver service that can process problems with up to one million variables and 100,000 constraints. D-Wave’s AWS Marketplace listings also include: Quantum Proof of Concept, which enables users to validate…

ThursdayOct 20, 2022 2:22 pm

BillionDollarBreaks – Tingo Inc. (TMNA) Enters Trade Agreement with Nigeria Ag/Commodities Umbrella Organization

Tingo (OTC: TMNA), a leading agri-fintech business in Africa, has signed a trade agreement with the All Farmers Association of Nigeria (“AFAN”). Tingo has signed a merger agreement to be acquired by MICT Inc. (NASDAQ: MICT); AFAN is the umbrella body of the 56 recognized commodities and agricultural associations in Nigeria. According to the agreement, AFAN will add a minimum of 20 million additional subscribers, which would more than triple Tingo Mobile’s current 9.3 million customer base. For its part, Tingo will provide an array of value-added products and services, including Tingo-branded smartphones, access to the Nwassa agri-fintech marketplace platform and…

TuesdayOct 11, 2022 12:39 pm

BillionDollarBreaks – Coinbase Global Inc. (NASDAQ: COIN) Schedules Release of Q3 2022 Financial Results

Coinbase Global (NASDAQ: COIN) plans to publish its third-quarter 2022 shareholder letter, which will include financial results, on Nov. 3, 2022. The letter will go live after market close and will be available on the company’s investor relations website. In addition, the company announced plans to host a webcast, slated for 2:30 p.m. PT on the same day, after it releases the report. The webcast will include a discussion of the report and will feature a Q&A session. The company invites shareholders to submit questions for the event beginning on Oct. 27, 2022; questions can be submitted until 24 hours…

FridayOct 07, 2022 11:37 am

BillionDollarBreaks – Tingo Inc. (TMNA), MICT Inc. (NASDAQ: MICT) Enter Merger Agreement for Acquisition

Tingo (OTC: TMNA), a leading agri-fintech business in Africa, and MICT Inc. (NASDAQ: MICT), have signed a merger agreement outlining plans for MICT to acquire 100% of the operating business and assets of Tingo. According to the announcement, the new merger with the accompanying MICT funding should expedite the launch of Tingo’s food-produce export business; existing high-margin and material export contracts will allow a substantial portion of Tingo’s revenues to shift directly into U.S. dollars. In an amendment, the two companies accelerated and restated the original agreement and merger plan. The transaction will also support the acceleration of the development and…

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